Articles On Vimy Resources (ASX:VMY)

The price of uranium has reached 10-year highs above $US53 per pound ($A32/kg) as supply concerns grow following Russia’s invasion of Ukraine. Ukraine contains the world’s sixth largest uranium reserve of roughly 46,000 tonnes and produces...

Gains in banking and growth stocks lifted the ASX towards a second-straight gain after a cool-off in commodity prices inspired Wall Street’s best night in more than a year. The S&P/ASX 200 rallied 90 points or 1.27 per cent by mid-se...

Well, it’s all been sorted. Late last week, as Russian troops entered downtown Zaporizhzhia and thought, ‘gee, that looks a like a good nuclear power plant to shoot at’, Aussie-listed uranium junior Vimy Resources (ASX:VMY) was heading back...

Vimy Resources (VMY) raises $17 million from institutional investors via share placement for its Mulga Rock Bankable Feasibility Study (BFS) and Alligator River drilling program Vimy will issue 100 million shares at an issue price of 17 c...

Vimy Resources has been forced to grant a generous discount to investors to lock in $17 million in cash in a placement amid a volatile uranium market.

Russia’s invasion has served to push up uranium prices on the basis of nuclear being a power alternative to Russian oil and gas. But the attack on an Ukrainian nuclear plant has sent a shudder. -U3O8 spot price continues to rise-Nuclear sen...

For now, all roads for ASX shares still lead back to the Russia-Ukraine war. And today investors hit the risk-off button as the conflict still looks to be well and truly in the escalation phase. The five-day winning streak for ASX microcaps...

Vimy Resources (VMY) enters a trading halt ahead of an upcoming capital raise So far, it is not known how much the company is aiming to raise or where the funds will be spent The halt will see Vimy shares paused until or when further deta...

Vimy Resources is understood to be rattling the tin for $20 million as it ramps up development of its Mulga Rock uranium project 290km east of Kalgoorlie.

Listed uranium explorer Vimy Resources was pitching investors for a $20 million on Friday.

Solar energy project developer Frontier Energy has resumed trading on the ASX following strong demand for its $8m capital raising. The former Superior Lake Resources is currently developing the 114 megawatt Bristol Springs Solar (BSS) Proje...

Vimy Resources says outgoing chair Cheryl Edwardes will remain at the company to see out a process for the sale or partnership over its Mulga Rock uranium project 290km east of Kalgoorlie.

The ASX Emerging Companies index (XEC) ran free on Tuesday, climbing over 3%, apparently unrestrained by the various macro or geopolitical issues bothering the rest of us. That said, the more gown up ASX200 also lifted on Tuesday, gaining a...

Australian stocks rose for a third session after the Reserve Bank renewed its pledge to be patient on rates, citing the war in Ukraine as “a major new source of uncertainty”. The S&P/ASX 200 rallied into the 2.30 pm RBA announcement...

Australian stocks rose for a third day as buyers continued to discount the threat of significant economic fallout from the Russia-Ukraine crisis. The S&P/ASX 200 rallied 86 points or 1.22 per cent, supported by tentatively positive U...

The ASX Emerging Companies Index (XEC) has recovered strongly on Wednesday, gaining 2.75%. The ASX200 also closed higher, gaining around 45 points or 0.6%. The market found its feet in afternoon trade, tech stocks leading the way. Look. Rat...

The reasons why the Aussie uranium sector could well claim hot status before long have continued to mount. Stockhead readers don’t need a roll call of them all but Garimpeiro reckons the most important was the recent advice from Canadian gi...

Mike Young knows a thing or two about developing mines. The former Vimy Resources managing director spent the last seven years in the uranium space, giving new life to a previously unknown and unappreciated uranium deposit – Mulga Rock in t...

Money Talks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Samso chief...

Vimy Resources (VMY) appoints Dr Tony Chamberlain as its Chief Operating Officer The incoming COO comes with 25 years’ experience in the mining industry, having first joined Vimy as an executive in 2014 His most recent role saw him lead a...

Amid a global shift in attitude towards decarbonisation, mitigating climate change, and reducing emissions, the world is waking up to the fact that uranium – and more importantly, nuclear energy – has a critical part to play. In fact, Goldm...

A volatile start to the new year continued with the share market’s heaviest loss since 2020 after the threat of tighter monetary policy spooked Wall Street. The S&P/ASX 200 tumbled 207.5 points or 2.74 per cent. The decline surpassed...

Tech stocks steered the share market lower for a second day following sharp falls on Wall Street ahead of higher rates this year. The S&P/ASX 200 retreated 98 points or 1.3 per cent by mid-session. The technology sector skidded to...

Mike Young didn’t plan to take another executive role after leaving aspiring uranium producer Vimy Resources but an opportunity offered by mining entrepreneur Grant Davey proved too exciting to refuse.

Where 2020 was all about gold, palladium and iron ore, 2021 has been dominated by the EV thematic. Battery metals prices posted strong year-to-date gains across the board. According to Benchmark Mineral Intelligence, the lithium index was u...

Vimy Resources has achieved “substantial commencement” at its Mulga Rock uranium project following confirmation by the Western Australian Department of Water and Environment Regulation (DWER). The WA Government has implemented a ‘no uranium...

Environmentalists are livid after Vimy Resources was deemed to have met a key milestone in its approvals process that allows it to pursue the development of its Mulga Rock uranium project.

Vimy Resources has begun development of the Mulga Rock uranium project in Western Australia after receiving approval for its operational radiation management plan (ORMP). Excavation has begun on the Ambassador North pit ramp at Mulga Rock,...

Superior Lake Resources (SUP) appoints Mike Young as Managing Director, effective December 1, 2021 Mr Young is a highly experienced executive with more than 30 years of experience in senior roles across the resources industry He has exte...

A Goldfields Aboriginal woman has taken her people’s opposition to Vimy Resources’ proposed Mulga Rock uranium mine to the company’s inner sanctum, and says Vimy is not listening to traditional owners

Vimy Resources (VMY) submits a notification of ‘substantial commencement’ for the Mulga Rock Uranium Project in Western Australia State Premier Mark McGowan reintroduced a uranium mining ban in WA in 2017, but he could not stop four proje...

Besieged Vimy Resources has told the State Government it has substantially commenced work on its Mulga Rock uranium project 290km east of Kalgoorlie in line with a looming deadline.

A-Cap Energy has dusted off its Letlhakane in Botswana – one of the world’s largest undeveloped uranium deposits – off the back of improving prices and market sentiment. The company plans to kick off a work program in Q1 2022, to re-work th...

Deep Yellow (ASX: DYL) chief executive John Borshoff has laid out a detailed case for mergers in the uranium sector after the company’s attempt to acquire Vimy Resources (ASX: VMY) was allowed to lapse by the target company. He says Deep Ye...

The Vimy Resources Ltd (ASX: VMY) share price is soaring after a dramatic back-and-forth over a lapsed takeover offer. Deep Yellow Limited (ASX: DYL) released a statement to the ASX today, saying it offered to purchase the uranium develope...

Minnow Emetals to acquire 469sqkm project prospective for ionic clay (IAC) rare earths Advanced IAC stocks Ionic Rare Earths, Australian Rare earths also gain in early trade Vimy rejects takeover offer from fellow uranium stock Deep Yellow...

Deep Yellow (ASX:DYL) confirmed this morning that its proposal to acquire Vimy Resources (ASX:VMY) via a scheme of arrangement has lapsed after “limited engagement.” DYL is in the pre-development stage at its Tumas Project in Namibia, and i...

Vimy Resources (VMY) rejects a merger bid from fellow ASX-listed Deep Yellow (DYL), shooting down the proposal to build a multinational uranium entity Deep Yellow offered one DYL share for every 3.74 VMY shares as part of the merger offer,...

Vimy Resources has rebuffed overtures from Deep Yellow for a $687 million all-scrip merger between the two uranium hopefuls.

Tech stocks gain on Wall Street US stocks were mixed overnight, but investors’ appetite were mainly focused on the tech sector. The Dow Jones retreated 0.17% , but the S&P 500 was up 0.34%, and tech heavy Nasdaq by 0.45%. Megatech stock...

Vimy Resources will consider a sale of or partner for its flagship Mulga Rock uranium project after receiving approaches from third parties amid a more buoyant market for the nuclear fuel.

Vimy Resources (VMY) launches a strategic review that will examine project de-risking and “corporate value enhancing opportunities” Specifically, the process will look at the Mulga Rock Uranium Project and the potential to advance it in co...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

It is the news that the uranium players have been waiting for: a potential new, huge surge in demand that will reward mining companies ready to go into production. China has reported overnight to be planning 150 new nuclear reactors over th...

Trading Places is Stockhead’s recap of the buys and sells of ASX small cap shares by fund managers and other famous investors over the last fortnight. Specifically, Stockhead tracks substantial shareholder movements, being shareholders hold...

World Overnight SPI Overnight 7396.00 + 12.00 0.16% S&P ASX 200 7413.70 + 38.80 0.53% S&P500 4536.19 + 16.56 0.37% Nasdaq Comp 15121.68 – 7.41 – 0.05% DJIA 35609.34 + 152.03 0.43% S&P500 VIX 15.49 – 0.21 – 1.34%...

ASX uranium shares are posting broad-based gains as the bullish case for nuclear energy gathers momentum. ASX uranium shares surge on Monday The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: PDN) is up 8.64% to 88 cents. E...

The ASX 200 was unable to break free from its recent shackles, edging lower by 0.11% in the Wednesday session. But as a measure of a little more risk-on sentiment creeping back into markets, the microcap Emerging Markets index comfortably o...

ASX uranium shares are surging across the board on Wednesday following a bullish overnight session for uranium. ASX uranium shares jump double-digits on open The largest ASX-listed uranium player, Paladin Energy Ltd (ASX: PDN) is current...

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...